Village Super Market, Inc. (NASDAQ:VLGEA) Sees Large Decrease in Short Interest

Village Super Market, Inc. (NASDAQ:VLGEA) saw a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 60,500 shares, a decline of 63.7% from the February 28th total of 166,500 shares. Currently, 0.7% of the company’s shares are short sold. Based on an average daily trading volume, of 31,100 shares, the days-to-cover ratio is currently 1.9 days.

Institutional Trading of Village Super Market

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Barclays PLC lifted its stake in shares of Village Super Market by 262.3% in the third quarter. Barclays PLC now owns 11,434 shares of the company’s stock worth $363,000 after buying an additional 8,278 shares in the last quarter. Victory Capital Management Inc. bought a new stake in Village Super Market during the third quarter valued at approximately $798,000. State Street Corp increased its stake in shares of Village Super Market by 1.1% in the 3rd quarter. State Street Corp now owns 200,112 shares of the company’s stock worth $6,362,000 after purchasing an additional 2,139 shares in the last quarter. Empowered Funds LLC increased its position in Village Super Market by 5.0% in the fourth quarter. Empowered Funds LLC now owns 59,663 shares of the company’s stock worth $1,888,000 after buying an additional 2,868 shares in the last quarter. Finally, SG Americas Securities LLC purchased a new stake in Village Super Market in the 4th quarter worth approximately $118,000. Hedge funds and other institutional investors own 39.02% of the company’s stock.

Village Super Market Price Performance

Shares of Village Super Market stock opened at $34.80 on Thursday. The firm has a market cap of $513.20 million, a PE ratio of 10.03 and a beta of 0.30. The company’s fifty day simple moving average is $33.33 and its two-hundred day simple moving average is $32.11. The company has a quick ratio of 0.86, a current ratio of 1.13 and a debt-to-equity ratio of 0.18. Village Super Market has a 12-month low of $24.57 and a 12-month high of $35.65.

Village Super Market (NASDAQ:VLGEA) last posted its earnings results on Tuesday, March 4th. The company reported $1.14 earnings per share (EPS) for the quarter. The firm had revenue of $599.65 million for the quarter. Village Super Market had a return on equity of 12.15% and a net margin of 2.29%.

Village Super Market Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 24th. Investors of record on Thursday, April 3rd will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, April 3rd. This represents a $1.00 dividend on an annualized basis and a yield of 2.87%. Village Super Market’s dividend payout ratio (DPR) is currently 27.47%.

About Village Super Market

Village Super Market, Inc operates a chain of supermarkets in the United States. The company offers grocery, meat, produce, dairy, deli, seafood, prepared foods, and bakery and frozen foods. It also provides non-food products, including health and beauty care, general merchandise, liquor, and pharmacy products through retail and online stores.